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“A decade ago, I really did believe that the average investor could do it himself. I was wrong. I've come to the sad conclusion that only a tiny minority, at most one percent, are capable of pulling it off. Heck, if Helen Young Hayes, Robert Sanborn, Julian Robertson, and the nation's largest pension funds can't get it right, what chance does John Q. Investor have?”

“motivation is highest when the probability of success is 50 percent: We don't get involved if the task is too easy or too hard.”

“When you're in a start-up, the first ten people will determine whether the company succeeds or not. Each is 10 percent of the company. So why wouldn't you take as much time as necessary to find all the A players? If three were not so great, why would you want a company where 30 percent of your people are not so great? A small company depends on great people much more than a big company does.”

“Although population and consumption are societal issues, technology is the business of business. If economic activity must increase tenfold over what it is today to support a population nearly double its current size, then technology will have to reduce its impact twenty-fold merely to keep the planet at its current levels of environmental impact. For example, to stabilize the climate we may have to reduce real carbon emissions by as much as 80 percent, while simultaneously growing the world economy by an order of magnitude.”

“If we have the right preventive and primary care, if we start charging for comprehensive care in the chronic cases, 10 percent of the cases take up two-thirds of the medical expenses, and if we do more on problems like childhood obesity, that we can, to use the parlance that's popular in Washington, bend the cost curve and eventually reconcile this so our costs will be closer to our competitors and so we can cover everybody.”

“During the first campaign, one of my jobs as my husband's spouse was to travel around the country and really listen to women. There were voices that were new to me: the voices of military spouses, many of them women, and veterans.... I was overwhelmed by their challenges, and the notion that we as a country don't even know that these women exist, because we live in a country where one percent of the population protects the rights and freedoms of the other 99 percent of us. I thought that if I had the opportunity to serve as First Lady, I was going to use this platform to be their voice.”

“Ninety-nine percent of everyday things are things we don't need - that goes for regular visits to the hairdresser just as it does for clothing. What would it mean if we all consumed 20 percent less? It would be catastrophic. It would mean 20 percent less jobs, 20 percent less taxes, 20 percent less money for schools, doctors, roads. The global economy would collapse.”

“A good actor is like a racehorse or a Ferrari. If a cylinder is missing on a Chevy, it's doesn't matter that much. But if something's not working right on a Ferrari, it makes a big difference. It's the three percent that makes the difference between good and great. It's a fine line. If you're not there, it's very painful.”

“If the US government spends 40 percent of the nation's income, as it does through either borrowing or taxes, that income is not available for people to spend. The deficit is an indirect method of taxation. Of course, politicians prefer to borrow instead of tax because then someone down the road has to deal with the consequences.”

“But if the 1 percent and the 0.1 percent are respected and allowed to risk their wealth - and new rebels are allowed to rise up and challenge them - America will continue to be the land where the last regularly become the first by serving others.”

“The truth is that the 143 million orphaned children and the 11 million who starve to death or die from preventable diseases and the 8.5 million who work as child slaves, prostitutes, or under other horrific conditions and the 2.3 million who live with HIV add up to 164.8 million needy children. And though at first glance that looks like a big number, 2.1 billion people on this earth proclaim to be Christians. The truth is that if only 8 percent of the Christians would care for one more child, there would not be any statistics left.”

“You need to know everything and feel 100 percent safe so that you can live and breathe in a role and so that you feel comfortable taking risks and trying new things and being bold. If you don't feel comfortable, if you're in a scenario that's not conducive for that kind of environment, then that's when you don't do well.”

“If zero percent of the elites support something, very low chance it's going to pass, if 100% support something, very high chance it's going to pass. Same thing for organized interest groups. But for the average voter, it's a flat line. Which says it doesn't matter whether zero percent of the public believes something or 100% of the average voters believe something - it doesn't affect the probability that that thing will be enacted.”

“Sometimes I think the Congress feels that if you only decided tomorrow to switch to wind power that in two years we'd be getting 80 percent of our electricity from wind power. It's nonsense. Normally it takes 20 to 30 years after a new technology is demonstrated and deployed before it powers even 15 or 20 percent of the grid. There's this long lag time, and we haven't even decided which directions to go.”

“Even if only 2 percent of those assigned to perform military service should announce their refusal to fight, governments would be powerless, they would not dare send such a large number of people to jail.”